What Is a Strategic Disadvantage of Being a First Mover

question 91

Multiple Choice

What is a strategic disadvantage of being a first mover?

• A) least opportunity to build customer loyalty
• B) risk of competitors imitating innovations
• C) no cost and learning benefit
• D) no control over resources

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Definitions:

Political Socialization

The process by which individuals learn and frequently internalize a political lens, reflecting the perspectives, values, beliefs, and norms of their community.

Political Information

Data related to governmental structures, policies, elections, and political dynamics necessary for informed public participation and decision-making.

Gender Gap

The disparities between women and men in various aspects of society, including political participation, wages, and employment opportunities.

Political Socialization

The process by which individuals acquire their political beliefs, values, and ideologies, often influenced by family, education, media, and experiences.